Question

A credit to a liability account was posted to an owner's equity account. This would cause __________.
A. assets to be overstated

B. liabilities to be understated

C. owner's equity to be understated

D. net income to be overstated

i think its D


A credit to an asset account was posted to an expense account. This would cause __________.
A. assets to be overstated

B. liabilities to be understated

C. capital to be understated

D. expenses to be overstated

i think its D

Answer 1

A debit to a liability account was posted to the capital this error would cause